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. >> as president obama claimed his second term. the election turned out to be a lesson in truth and consequences. what did the obama campaign do right and what did the romney campaign do wrong? >> and i ran for office because i'm concerned about americans. this election is over. but our principles endure. >> the voters have their say. leaving washington to search for a compromise even as a fiscal crisis looms. >> this is an opportunity for the president to lead. this is his. >> i'm open to compromise. i'm open to new ideas. i'm committed to solving our fiscal challenge. gwen: here to cover another historic week dan balz of "the washington post." john dickerson of cbs news. beth reinhard of "national journal" and jeff zeleny of "new york times." >> live from our nation's capital, this is "washington week" with gwen ifill. produced in association with national journal. corporate funding for "washington week" is provided by -- >> this rock has never stood still. since 1975 we've been there for our clients through good times and bad. through the years from insurance to investment management from rea
kaye. president obama joins campaign workers to dial up support in the final hours. >> we feel we have the votes to win. >> his rival, mitt romney is off to the polls, and then bet -- back to the campaign trail for one final push. >> we are going to steer this countryonk onon to a course that will help the american people have a brighter future. >> and taking a spin back in time, tonight, we will show you how the competitors have stacked up over the years. welcome to our viewers on public television in america and elsewhere are around the globe. election day is finally here and across the huge country, people are finally casting their ballots. today, neither candidate was taking any chances, mounted a last-minute effort to get us support at the polls. -- to get the best support at the polls. >> this is america, a democracy. this is what it is all about. >> will he stay in power for another four years or be rejected after one term? the president is checking to make sure there is no backsliding from supporters. >> we feel confident that we will win, but it will determine on voter turnout
. president obama won the much discussed battleground states. he won the electoral vote. he won the popular vote of -- and he won an america that revealed itself to be more divided than ever. today the president walked into the east room saying elections have consequences. >> what the american people are looking for is corporation. they're looking for consensus. they're looking for common sense. most of all, they want action. i intend to deliver for them in my second term i expect to find willing partners in both parties to make that happen. so let's get to work. gwen: the obama campaign pieced together a electoral puzzle. how did they put it together? >> they had multiple paths to get to 270. they used almost all of them. they were able to through very focused data-driven ground operation identify their voters and successfully reassemble the coalition that they had in 2008. african americans, latino, -- latinos, young voters, women. would young voters turn out in the numbers they did before? in fact, they were by one point a higher percentage than they were in 2008. would african americans
, live from washington, moderator gwen ifill. gwen: good evening. so this is it. the obama campaign says it's winning. the romney campaign says it's winning and to be quite honest we can't tell you whoa's right but tonight we'll lie out the choices. mitt romney looking presidential in a blue suit and teleprompter told thousands of supporters, the next four days count. >> the only things that stand between us in some of the best years we've known is lack of leadership. and that's why we have elections after off. this tuesday is the moment to look into the future and imagine what we can do, to put the past four years behind us and start building a new future. >> and barack obama looking presidential yesterday in a bomber jacket in air force one saying romney is not worth the risk. >> after four years as president, you know me by now. you may not agree with every decision i've made. you may be frustrated at the pace of change, but you know what i believe. you know where i stand. you know i'm willing to make tough decisions even when they're not politically convenient. >> let's start by asse
. >> obama sold chrysler to italians who are going to build jeeps in china. >> it is an outrageous lie. captioned by the national captioning institute --www.ncicap.org-- >> we thought this was going to be a pre-election broadcast and all we had to do was handicap the election. along came hurricane sandy. in politics, a wise man told me once that you can never see around the corner. i don't want to minimize the tragic human dimensions of this storm and its aftermath, but this is a political program and the election is next tuesday, so here goes. new jersey gov. chris christie prior to the hurricane. >> let's give you the plane ticket back to chicago you have current. >> after sandy, he was thanking him. >> i cannot thank the president enough for his personal concern and compassion for the people of our state. >> he has put his heart and soul into making sure that the people of new jersey bounce back stronger than before. >> in the past several days, voters have seen the president on tv, the white house, the red cross with gov. christie, hugging victims, looking, well, presidential in a
>> woodruff: president obama returned to washington today after winning the electoral college, the popular vote and a second term. good evening, i'm judy woodruff. >> ifill: and i'm gwen ifill. on the "newshour" tonight, kwame holman wraps up the results and the reaction and ray suarez reports from chicago on the president's day. >> woodruff: we assess the tactics that led to success for the obama campaign and failure for mitt romney. >> ifill: we examine the messages voters sent yesterday with jeffrey brown, who looks at the makeup of congress and the new laws around the country. >> woodruff: what to do about the fiscal cliff, healthcare and immigration? we explore the challenges ahead in the next four years. >> ifill: and back with us again, for analysis, are mark shields and david brooks. >> woodruff: that's all ahead on tonight's "newshour." major funding for the pbs newshoovidided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects and with the ongoing support of these institutions and foundations. and... this program was made possible by the cor
vote, that's also a big structural problem. the promise of barack obama in 2004, just to state the obvious, when he first sprang on national attention with the "we're not red america, we're not blue america, we're not white, we're not black" that's been eviscerated. we clearly have an electorate that's divided in long term structural ways along racial lines. >> and regional lines. >> and the goal of either party would be -- and gender lines and the goal of either party would beos>>ne: rle a >> rose: an election preview when we continue. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> rose: tonight we enter the final hours of 2012's presidential election. tuesday may be the main event but tens of millions have already voted. reduction of early voting hours in key states have raised questions about the propriety of campaign tactics. both sides are preparing for possible legal challenges in a sign that the contest might continue beyond election day. president barack obama and governor romney have spent the day drumming up las
, -- american voters returned barack obama to the white house. >> dino for the united states of america the best is yet to come. >> it is more of a hangover than a honeymoon. financial markets fall a day after the election. china gets ready to take a new generation. the u.s. voters have spoken, and after a hard-fought campaign, they have reelected barack obama. right now the president and his family have returned to the white house, where they will be residents for the next four years. right now it is about watching e votes come in. mr. obama has won 303 alike toro college of votes. mr. romney had 260. for the popular vote, president obama had 50.1%. nit romney hadn't 48.3%. -- mitt romney had 48.3%. we go to chicago for the obama victory. >> this is what the three looks like, a moment of it -- what victory looks like, a moment of triumph. it is not near happiness. it is a dream and the man who embodies it. barack obama savored the moment. he became the first black american to win a second term. he basked in the pride of his wife and daughters. he said alexian's can be small and silly but this w
>> tonight frontline, the lives of the men who would be president. >> barack obama's a fascinating mixture of boldness and caution. >> when mitt romney gets focused and locked in, watch out. >> stories of family... >> stanley ann dunham was really a thoroughly unconventional mother. >> he had to fend for himself. every step, he was alone. >> the dad stuff just can't be underestimated. >> he had a lot of power to him. he was our hero. >> identity... >> he told his fifth-grade class that his father was an indonesian king. >> he was a white-black kid. >> his extended family is one of the leading mormon families. >> he can't talk about it because it involves polygamy. >> controversy... >> he's the first nobel peace prize winner with a kill list. >> mitt romney doesn't have an ideological bone in his body, as far as i can tell. >> and destiny. >> what unites both of these characters is this sense that there was a place that they were going, a destiny that they had. >> tonight ofrontline, "the choice 2012." >> frontlinis made possible by contributions to your
and by the crles a. frueauff foundation. >> this week on "to the contrary" president obama regains solid support among women voters just before the election. a. >> hello, i'm bonnie erbe. welcome to "to the contrary," a discussion of news and social trends from diverse perspectives. up first, the last-minute scuffle for voters: the ground game. early voting. cell phone polls and women voters dominated the final days of the presidential race. a late week "new york times" poll showed the gender gap re-emerge knowledge in president obama's favor. 52% of women and 44% of men support obama. while the g.o.p.'s mitt romney has 44% of women and 51% of men in his corner. women voters in battleground states are the coveted demographic according to two campaign experts. >> i think if you look at the president has done with the economy, it is very far reaching, just across the country women have access to capital to start small business, let's not forget his very, very first bill that he signed in to law was lily ledbetter fair pay act. it's a tremendous accomplishment. i think that shows his devotion and h
obama or challenger mitt romney. >> woodruff: it is just after 7:00 eastern time. polls are beginning to close in the east and the south. in fact, six states closed just txilient ago at the theng using exit polling data and surveys of early voters, the associated press is beginning to project a winner in a number of states. we're going to be watching for that as soon as we get it. i'm told, gwen, we do have one call. the networks, two television networks are projecting the state of kentucky will go for mitt romney which is not a surprise. a state that john mccain won four years ago. >> ifill: not a big surprise. all of these results will-jump-starting the all-important electoral college count. 270 is the magic number one candidate has to reach to become the next president. right now the associated press is predicting nothing because we don't know yet what is going to happen with those electoral votes. but we're waiting. >> woodruff: i just now am being told, gwen, and this information is coming in as we're sitting here. the state of indiana has been projected. mitt romney is projected
encounter with president obama and he went to a town called sayerville where he went door to door meeting with the people who came out to talk to him, shake hands. he was bolstering their spirits but in some cases there were people who broke down in his arms and cried and he became more than the chief executive of this state, he became the consoleer in chief, if you will. and that is a story that repeated itself a number of times later in the day. the governor and president obama took a helicopter ride over the area from atlantic city down to an area where the governor had told people to get off and in many cases they didn't and he kind of jokingly but firmly let them know when they were speaking a couple minutes after the video you're seeing right now, he let them know he was not happy with them but he'd give them a break this time around. but it's just a very, very kind of like -- this is a -- you know it's not a big state geographically but it's a very densely populated state and very diverse when it comes to geography as well. the highlands took a tremendous hit because that's where t
. tonight, what we can expect with a second term from obama in the white house. we have amy goodman. obama has to set a second agenda. aboutodman's recent book attacks is called "the silence and jordy." -- "the silenced majority." >> there is a saying that dr. king had that said there is always the right time to do the right thing. i just try to live my life every day by doing the right thing. we know that we are only halfway to completely eliminate hunger, and we have a lot of work to do. walmart committed $2 billion to fighting hunger in the u.s. as we work together, we can stamp hunger out. >> and by contributions to your pbs station from viewers like you. thank you. tavis: for more tonight on the election of 2012 and what it means beyond the results, i am pleased to be joined by amy goodman. she is the host of "democracy now!" and her new book is called "the silent majority." she joins us from new york. good to have you back on this program. >> it is great to be with you, tavis. tavis: there so as to talk about. your thoughts on what happened this week, giuliani presidential race and w
investors believe president obama's tax policies will hurt corporate profits. on top of that there's the likelihood of more regulation in the president's second term. coe os those concerns were evident in selling today of energy, banking and healthcare stocks. a quick look at the price board at the new york stock exchange is a good barometer for the worrywarts out there. wall street veteran teddy weissberg says many investors are just plain upset. >> there was an expectation that we would have some change and a change in the policies. and, i think with obama getting re-elected there are a lot of folks that are not happy, and we're kind of seeing that in the stock market. >> reporter: but, others say it's not just the disappointment of romney's loss, it's that the fiscal cliff now looms large on wall street. >> i think the big issue right now is the fiscal cliff, now that the election is behind us everyone is really focusing on what's going to happen at the end of this year, and of course if nothing's done by the end of the year that may very well mean a recession as early as next y
're your retirement company. >> welcome. it's the weekend after, and barack obama is back in the white house, democrats are back in control of the senate, and republicans are back running the house. that's what prevailed before americans voted, when deadlock reigned in washington, little got done, and the country was frustrated and angry. are we in for more of the same? the talk we are hearing in washington sounds altogether too familiar. so let's consider what's ahead with two people of different philosophies about what should be done. bob herbert was a long-time liberal columnist for "the new york times" until he retired last year and became a distinguished senior fellow for the national think tank demos. he's been on the road for months now, reporting for his forthcoming book, "wounded colossus." reihan salam writes "the agenda," that's a daily blog for the conservative national review online. he is a policy advisor at the think tank economics 21 and a columnist for reuters. he is also the co-author with ross douthat of the much talked-about book, "grand new party: how republicans c
who said his job was to see that obama is never reelected. but did not happen. so, he has an edge year. he does have leverage. but it will be a long haul. he does need partners. >> mitch mcconnell is on the record as saying that he knows that the election makes some people think that the republicans are going to roll over. agreed to democrat demands that a hike taxes before the end of the year. that does not sound like compromise. >> your definition of compromise is rolling over and excepting higher tax rates. that is the democratic definition of compromise. i would never suggest bias. the president ran -- i will say it -- the most negative campaign. he did not run on his record. he could not. he did not run on a program. there is one thing he got a mandate for, and he now has a mandate to raise the top tax rate on two percent of the population by four points? that is the smallest mandate in american history. >> can i say a vicious truth? -- what the republicans will agreed to, john boehner came out the day after the election with a peace pipe. liberals have difficulty understanding th
>> ifill: president obama and mitt romney sprinted through swing states making their final arguments on this day before election day. good evening. i'm gwen ifill. >> woodruff: and i'm judy woodruff. on the newshour tonight, we start with two reports from the candidates' command centers. ray suarez is in illinois, and margaret warner is in massachusetts. >> suarez: at obama campaign headquarters in chicago, they're confident of a narrow win. >> romney's strategists are counting on the undecided independent voters breaking his way. >> ifill: then, thousands of people in new york and new jersey are still without power, cold and in the dark even as schools and businesses reopen. kwame holman has our update, one week after the storm. >> woodruff: and special correspondent rick karr tells the story of a hard-hit brooklyn neighborhood struggling to get back on its feet. >> ifill: back on the campaign trail, we head to ohio, the ultimate battleground state, where volunteers on both sides took to the streets this weekend. >> now that we know who our president is and what he's willi
for everyone. president obama is time-outing that more jobs were -- touting that more jobs have been created than were expected. romney says the overall elm ploit rate is actually up. now starts the weekend blitz and the bbc's adam brooks has been watching the reaction for us. >> the voter in the state of ohio -- >> in 2008 we were in the middle of two wars and the worst economic crisis since the great depression. today our businesses have created nearly 5 1/2 million new jobs and this morning we learned the companies hired more workers in october than at any time in the last eight months. >> new jobs were created in america in october. 171,000 of them, many in health care, retail and business services. many more people returned to the workforce, possibly a sign of economic optimism. but still these are not numbers to excite a tired and skittish electorate. mitt romney, campaigning in wisconsin, trying to erode mr. obama's support in the midwest. he took the job's numbers as support for the central plank of his campaign, but the u.s. economy has failed to recover. >> he said he was going to
director. president obama accepted the resignation of the retired four- star general. he praised his outstanding service. michael, how much of a shock was this? >> it was pretty much a surprise, the general, as far as i know, was very well-thought of at the agency. certainly a defender of the agency and several weeks ago, he made it very clear after the attack that no one at the agency prevented assistance going to the man going under attack. it was the white house -- >> the resignation comes just ahead of hearing about been gauzy. >> it is a very peculiar thing, he was scheduled to testify under oath next thursday, with other people from the intelligence community about exactly why no assistance was sent to those people, even though we watched and listened to the attack for seven hours. >> how pivotal of figure was he? >> i think he was an important figure not only in the administration but for the country and our allies. he and his predecessor are not willing to say the obama administration is lying about the lack of danger from militant islam. killing osama bin laden, the presiden
, the obama campaign spent $47 million on digital sending. and the romney campaign spent 4 my 7 million. a 10 to 1 gap. >> woodruff: that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: >> computing surrounds us. sometimes, it's obvious, and sometimes, it's very surprising in where you find it. soon, computing intelligence in unexpected places will change our lives in truly profound ways. technology can provide customized experiences tailored to individual consumer preferences, igniting a world of possibilities from the inside out. sponsoring tomorrow starts today. >> bnsf railway support also comes from carnegie corporation of new york, a foundation created to do what andrew carnegie called "real and permanent good." celebrating 100 years of philanthropy at carnegie.org. >> and with the ongoing support of these institutions and foundations. and friends of the newshour. >> and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: there was
captioning sponsored by macneil/lehrer productions >> woodruff: president obama hailed another month of job growth, while mitt romney cited an up-tick in the unemployment rate as proof of an economic standstill. good evening. i'm judy woodruff. >> brown: and i'm jeffrey brown. on the newshour tonight, with the final data before election day now out, we look at the overall jobs picture in america, and how the candidates are and are not addressing it. >> woodruff: then, long gas lines, continuing power outages, and massive cleanup efforts in the northeast. ray suarez updates the slow climb back after the storm. >> brown: ordinary citizens, some of them school children, caught in the crossfire in syria's war. margaret warner has our report. >> as syrian rebels expand the areas they control, the assad regime has turned to long-range artillery and air attacks to hit the opposition and civilians as well. >> woodruff: we have a "battleground" dispatch from iowa, where immigration is rarely mentioned by the candidates, but is on the minds of voters. >> although latinos make up only 5%
. but first, if you've been curious about why new york mayor mike bloomberg endorsed barack obama for re-election, just take another look at the widespread havoc caused by the frankenstorm benignly named sandy. having surveyed all this damage "bloomberg business week" concluded: "it's global warming, stupid: if hurricane sandy doesn't persuade americans to get serious about climate chge, nothing will." well it was enough to prompt president obama, at his press conference this week, to say more about global warming than he did all year. >> i am a firm believer that climate change is real, that it is impacted by human behavior and carbon emissions. and as a consequence, i think we've got an obligation to future generations to do something about it. >> but he made it clear that actually doing something about it will take a back seat to the economy for now. he did return to new york on thursday to review the recovery effort on staten island. climate change and hurricane sandy brought naomi klein to town, too. you may know her as the author of "the shock doctrine: the rise of disaster capital
getting into more trouble. the white house very much believes that president obama believes that nothing else, he has a mandate on the corporate, on the taxes, raising taxes on the wealthy and big business. it was a part of every single one of his stump speeches during the campaign. >> the testing. gwen: they're polling. >> you can't go to the white house without saying the exit polling say the americans agree with them. the people at the white house at the very least thinks that that message has gone through to the republicans, gotten through to the republicans. whether that's the case or not, that describes the circumstance for where we could be end up in a situation where we're standing on the edge of the cliff if the white house miscalculates how much the republicans are willing to back down on that. >> we use dire terms, ticking time bomb, edge of the cliff. some people say it might not be that bad if we get past the december 31 deadline them. talk to a slope. >> we got to a point in washington where you can't agree on the metaphors. obstacle course, look, if we get to the year with
president obama didn't do in the last four years, i'm going to lay out a plan. here it is. some people in my party won't be happy, some people in the other party won't be happy but some will be intrigued in both parties so here's my plan, let's work on this starting with my framework. >> rose: tom? >> the morning after whoever wins the first thing i hope he does is call the leadership to the other side, make clear that we have some big hard things to do and we can only do them together. these are too big and hard for anybody to do alone. and i think the biggest and hard zest that we do need a grand bargain on debt, deficit and taxes. that it's phased in in an appropriate way at the proper scale. and at the same time we need to be a startup country again. there's no employees, charlie, without employers. and it seems to me that the next president has got to reach out to the other party for starters but also to the business, the innovation community to make clear that we're going to have a public/private partnership to make this truly startup nation again that's going to get everybody in this
had an impact on the presidential campaigns. president obama took time off to tour some of the devastated areas of new jersey with governor chris christie. he promised that his administration would not forget the people suffering there. meanwhile, governor mitt romney held a relief rally in the battleground state of ohio for victims of sandy. he urged americans outside the affected areas to help out in any way they can. in these final days before the election, both candidates are ramping up efforts to mobilize voters, including their faith-based supporters. kim lawton has been leading our coverage of the campaigns. she looks at the many ways religion has played a role this time around. >> both campaigns continue their active efforts to get their constituencies out to the polls next week. professor john green of the bliss institute at the university of akron says in a tight election, the campaigns look to the coalitions they can rely upon, and that includes faith coalitions. >> each side understands that every vote will count. >> green says while faith-based outreach hasn
white house meeting on friday between president obama and congressional leaders. they will be talking about ways to solve the so-called "fiscal cliff" dilemma. investors appear cautious about making any big moves until they know whether the cliff will trigger increases in capital gains and dividend taxes. the dow fell almost 59 points, the nasdaq lost 20, and the s&p was down five. meanwhile, in washington, congress returned to work for the first time since september. lawmakers face a long "to-do list," and getting a deal on that fiscal cliff is right at the top. darren gersh reports. >> reporter: it was freshman welcome day in washington. senate republican leader mitch mcconnell lost ground in the election, but he posed for the cameras with the three new senators who will be joining his side of the aisle in january. in the house, minority leader nancy pelosi beamed as she presented the new faces adding to democratic ranks in the coming congress. gi given what awaits these new lawmakers in january, you might wonder why they want the job. it's still not clear whether a lame duck sessio
captioning sponsored by macneil/lehrer productions >> brown: president obama was back at the white house today and congress returns to washington early next week. top on the agenda for both: a looming fiscal crisis. good evening, i'm jeffrey brown. >> woodruff: and i'm judy woodruff. on the "newshour" tonight, we assess the task ahead in negotiations to avoid an economic hit from automatic spending cuts and tax increases. >> brown: then, we examine what's next for the republican party, after a second straight presidential campaign rebuke from a changing american electorate. >> woodruff: the associated press still hasn't called a winner in florida. why not? and why were the lines so long at some polling places across the country? ray suarez gets some answers. >> brown: john merrow tells the story of pediatricians with a new prescription: books to build better brains. >> there's solid research that shows that just that intervention of handing a family a book, giving them a couple of age-appropriate pieces of advice about how to read with their kid and just encouraging reading, they--
obama now come in a second term, which revealed some believes will free him up, whatever that means, do you ever imagine him saying the phrase, has president, the prison investor complex? >> the way eisenhower once said the military industrial complex and heads turned and some world? i do think so. i know for example that the film has been made available to the president and i hope that come in the coming weeks and months, it will become something that it will not be fighting off just the philistines and washington. i would like him and others around him look at it and look at things like jim crow and take stock of what his legacy will be. barack obama's first administration was a bit of confusion for many of us in the fight against the war on drugs. i spoke to 1/5 person who said i am not a drug czar. that comes from the wrong mindset. don't call it a drug war because we do not think that is a war against zero people. i thought, great, there is a new sheriff in town. the obama administration and whether it is because of them or because of washington, and i am probably inclined to think
in new york city, this is charlie rose. >> rose: president obama has been reelected as president of the united states. the last few ballots are still being counted, but winning ohio gave the president enough electoral college votes for victory. governor romney, the former governor of massachusetts, conceded just after 1:00 a.m. >> and i ran for office because i'm concerned about america. this election is over but our principles endure. that i believe the principles upon which this nation was founded are the only sure guide to a resurgent economy and to renewed greatness. like so many of you, paul and i have left everything on the field. we have given all our to this campaign. (cheers and applause) i so wish -- i so wish that i had been able to fulfill your hopes to lead the country in a different direction. but the nation chose another leader so ann and i join with you to earnestly pray for him and for this great nation. >> rose: the race revealed america's shifting fault lines. it was a national conversation carried out in a few battleground states. billions of dollars poured in
could come on, colby. giving her all that access, i'm sorry -- >> is the obama administration guilty of a cover-up in the benghazi attack? >> the reason i don't trust her is i think she knew better and if she knew better, she should not be the voice of america. >> for them to go after the u.n. ambassador who had nothing to do with benghazi, simply making a presentation based on intelligence she had received, to be smartrip reputati -- to besmirch her reputation, is outrageous. >> they are talking about un ambassador susan rice, who could be the president's nomination to be secretary of state. they're talking about her appearance on talk shows on september 16 following the attacks in benghazi. charles krauthammer, our friend, is off this week -- i think he is in miami traveling -- has been hammering at this for weeks. he says it was up phony political cover story during the election. >> we don't know yet paid may be the intelligence commun -- don't know yet. maybe the intelligence committees have some notion, but we don't know yet. it seems like there were 85 things going on at once.
>> woodruff: president obama addressed the looming fiscal crisis for the first time since the election, and insisted once again he won't accept a deal unless it includes higher taxes on the wealthy. good evening. i'm judy woodruff. >> brown: and i'm jeffrey brown. on the newshour tonight, we'll have excerpts from the president's remarks, and our own debate on the economic challenges ahead with two senators, maryland democrat ben cardin and tennessee republican bob corker. >> woodruff: then, ray suarez has the latest on the surprise resignation of cia chief david petraeus after admitting to an extra-marital affair. >> brown: it's still cold and dark in many new jersey homes. special correspondent rick karr follows utility crews as they work to turn the electricity back on. >> access to these lines is quite difficult, cutting through peoples' backyards. you may come in one and cross four other yards just to get to your job site. >> woodruff: plus mark shields and david brooks analyze the week's news. that's all ahead on tonight's newshour.n >> major funding for the pbs newsh
that as good news. >> reporter: on the other hand, corpina doesn't think the re- election of president obama will trigger a selloff. more likely he would expect to see status quo for stocks. >> i think people have bought into the fact that the market is going to take a long time to recover, our economy is going to take a long time to recover and the market has seemed to stay on the track so to speak. >> reporter: of course there is also the possibility however remote, that it might take days before we know who will occupy the oval office. that's a scary flash back to the hanging chad debacle of the 2000 election. >> i think the odds are against it. i shudder to think. but, you remember how bad it was back in 2000. it was crazy, it drove people crazy, it drove the market crazy. i don't think that happens. i think one of these guys wins handily. >> reporter: and, then there are those who believe the stock market will rally no matter who wins tomorrow. that's because at least some uncertainty will finally be removed from the market. suzanne pratt, "n.b.r.," new york. >> susie: joining us now fo
. but behind its bright image is a dark bit of history. >>> just over a week since president obama was reelected but he is already facing his first big challenge. he is trying to stop america's economy falling off what has been called the fiscal cliff. today he met congressional leaders to try to cut a deal both sides can agree on to resolve the crisis. if they fail, the economy could slip back into reception, -- could slip back into recession, a prospect nobody wants. we have this report from nevada. >> are these the first signs of recovery for the construction industry in las vegas? it is not what it seems. she is not building, she is toward writing. there is plenty of land and spare machinery for a business renting diggers by the hour. >> it is sad the way the construction industry died. it was overnight. nobody expected it. i think people are w out, but i think people are all looking for other avenues rather than stay in construction. i think there are reinventing themselves right now because they have to. >> down the road, another far less glamorous site of vegas, a free food
on the fiscal cliff. president obama and congressional leaders got off to a good start in their first round of negotiations. the president met with congressional leaders who emerged later to say they want to move quickly to prevent automatic spending cuts and tax increases from tanking the economy at the first of the year. but as darren gersh reports, what we are not yet clear about is whether either side is willing to give up enough to get the job done. >> reporter: in washington, they think carefully about the pictures they want to present to the public so this mattered. all four congressional leaders-- democrats and republicans-- after meeting with the president chose to face the cameras together. that hardly ever happens and it reflects the new post-election mood of cooperation. house speaker john boehner called the meeting very constructive. >> i outlined a framework that deals with reforming our tax code and reforming our spending. and i believe the framework that i've outlined in our meeting today is consistent with the president's call for a fair and balanced approach. >> reporter:
rate is where it was when obama was sworn in. now the obama administration is pointing out they created more than five million jobs since the president took office in the private sector, that is. and also, if you look at the first full month the president was in office the unemployment rate was 8.3%. now it's 7.9. >> tom: instead of arguing about the data, what about the demographics here? because polls, obviously, show this is an extremely close race going into tuesday. so what about the key voting demographics in this jobs report? >> reporter: you know, one little nugget that i thought was very interesting, the unemployment rate for white men has fall tone 6.6% and about a year ago it was 7.8%. that is a key voting demographic, but interestingly enough, even though the unemployment rate is coming down, that demographic is going as much as two to one for romney. you know, sometimes demographic information and the unemployment information doesn't always sync up. >> tom: timing is everything in terms of synching up for whoever wins next week and what party is in control of alcohol becaus
-class family can afford that right now. >> reporter: mr. obama signed legislation extending the bush- era tax cuts two years ago, including those affecting the wealthy, but he said today things are different this time. >> well, two years ago, the economy was in a different situation. we were still very much in the early parts of recovering from the worst economic crisis since the great depression. but what i said at the time is what i meant, which is this was a one-time proposition. and you know, what i have told leaders privately as well as publicly is that we cannot afford to extend the bush tax cuts for the wealthy. what we can do is make sure that middle-class taxes don't go up. mandate, i've got one mandate. i've got a mandate to help middle-class families and families that are working hard to try to get into the middle class. that's my mandate. that's what the american people said. they said, "work really hard to help us." that's my mandate. i don't presume that because i won an election, that everybody suddenly agrees with me on any... everything. >> reporter: and the president directl
with news from the white house. president obama heldaise first press conference since his reelection. he delivered a brief opening statement, emphasizing the need to avert the fiscal cliff set to take effect january 1. >> there's only one way to solve these humans and that is to do it together. as i've said before, i'm open to compromise and i'm open to new ideas and i've been encouraged the past week to hear republican after republican to agree on the need from more revenue from the wealthiest american as parent of our arithmetic if we're serious about reducing the deficit. >> the president fielded questions. the budget was the most pressing subject. obama vowed not tho extend the bush tax cuts for the top 2% of income earners. >> when it comes to the top 2%, what i'm not going to do is to extend further a tax cut for folks who don't need it, which would cost close to $1 trillion, and it's very difficult to see how you make up that trillion dollars, if we're serious about deficit reduction, just by closing loopholes and deductions. the math tend not to work. >> the president also addres
house today, press secretary jay carney said president obama still has faith in general allen and is not contemplating shake-ups in his national security team. >> he's focused on the missions that the military has passed with care... is tasked with carrying out and the c.i.a. and the general intelligence community, the tasks they're carrying out. and with enacting his overall agenda. >> brown: meanwhile the petraeus probe continued. f.b.i. agented searchd the home of paula broadwell in charlotte, north carolina late last night. at the u.s. capitol today, returning lawmakers were still looking for answers. one was republican senator susan collins of maine. >> i am puzzled by much of what has occurred in the f.b.i. investigation and also the latest information that perhaps general petraeus' friends had access to some classified information. we don't know whether that is true or not. >> brown: others including house minority leader nancy pelosi focused on why the f.b.i. did not officially inform congress about the petraeus matter much earlier. >> i think there's some answers that
it was senator obama and petraeus was in iraq. obama was opposed to that war. he called it the war of choice afghan a war of necessity. they traveled throughout iraq and i think there was tension between them. over the course of sell years and i tried to document it in the book their relationship comes full board to the other side. not like his relationship with bush but they're pretty close now and i think the president's excited to have him on his team and you can probably call him an obama guy. >> rose: there was a time when the president first went to meet him there, that there was some fetch between the two of them. >> to meet him in iraq. >> rose: yes. >> there was some tension because i don't think the president, senator obama at the time really believed what we were doing and the surge could work and was opposed to it. petraeus thought it was working and there was statistics and metrics to show what we were doing was showing progress. >> rose: and then he came home. >> petraeus came home. he came home from iraq that's right and went to central command after that. this is what he c
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